Global X U.S. Infrastructure Development ETF $PAVE Shares Sold by Stephen J. Garry & Associates LLC

Stephen J. Garry & Associates LLC reduced its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 22.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 12,690 shares of the company’s stock after selling 3,650 shares during the quarter. Global X U.S. Infrastructure Development ETF comprises 0.5% of Stephen J. Garry & Associates LLC’s investment portfolio, making the stock its 25th biggest position. Stephen J. Garry & Associates LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $553,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Duncan Williams Asset Management LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $1,019,000. Kickstand Ventures LLC. raised its position in shares of Global X U.S. Infrastructure Development ETF by 7.7% during the 2nd quarter. Kickstand Ventures LLC. now owns 23,393 shares of the company’s stock valued at $1,019,000 after buying an additional 1,678 shares during the period. Simplicity Wealth LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 70.6% in the second quarter. Simplicity Wealth LLC now owns 10,380 shares of the company’s stock valued at $452,000 after acquiring an additional 4,294 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 59.5% in the second quarter. Wealthcare Advisory Partners LLC now owns 206,427 shares of the company’s stock valued at $8,996,000 after acquiring an additional 76,997 shares during the last quarter. Finally, Ergawealth Advisors Inc. acquired a new position in Global X U.S. Infrastructure Development ETF in the second quarter valued at approximately $213,000.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE opened at $47.99 on Tuesday. Global X U.S. Infrastructure Development ETF has a one year low of $32.65 and a one year high of $46.26. The stock has a market capitalization of $9.48 billion, a PE ratio of 23.34 and a beta of 1.24. The business’s 50 day moving average price is $46.50 and its 200 day moving average price is $42.81.

About Global X U.S. Infrastructure Development ETF

The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.